Business Model Canvas
Business Model Canvas. Overwhelmed by writing your business plan? The business model canvas is a great tool to help you understand a business model in a straightforward, structured way.
The Business Model Canvas is NOT a strategy. The Business Model Canvas is a strategic tool for developing new business models or documenting and improving existing ones. When an organization doesn't understand their business model.
It describes value or product propositions, cost.
Doesn't take into account the competitive arena.
The Business Model Canvas methodology is also applied, in a slightly different way, also by start-ups to shape their future business model and to explain it to their investors, partners and clients. The Business Model Canvas is also known as the BMC model. Overwhelmed by writing your business plan?